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Nov 15, 2012
11/12
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because of its single economy, even jeremy is now -- germany is now struggling with greece, portugal and italy. >>> in china they unveiled political -- invade political leaders to the world on stage. they are taking over the communist party which has ruled community for -- china for more than 60 years. >>> general david petraeus will make his first appearance since resign as head -- resigning as head of the cia. he is one of the reports in a series on the attack on the u.s. cons sal in benghazi and libya. >> reporter: one gets underway in 45 minutes and house and senate committees are investigating why other agencies and cia did not anticipate or do more to stop the attack that killed four americans including christopher stevens. the acting cia director will say the agency never requested military reinforcements including specialized marines during the attack. they are furious about the obama administration's handling of the crisis they say could have been prevented. >> i have said for days, weeks, it is either a coverup or gross incompetence, but maybe a combination of the both. the
because of its single economy, even jeremy is now -- germany is now struggling with greece, portugal and italy. >>> in china they unveiled political -- invade political leaders to the world on stage. they are taking over the communist party which has ruled community for -- china for more than 60 years. >>> general david petraeus will make his first appearance since resign as head -- resigning as head of the cia. he is one of the reports in a series on the attack on the u.s....
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Nov 13, 2012
11/12
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into negative growth. >> reporter: the total tax hike and spending cuts hit on california's economy alone would be some $$90 billion. reporting live, tom baker, ktvu. >>> on wall street today, trading was relatively flat. the dow fell .31. the nasdaq fell and the s & p 500-inched up a little less than a point. >> kodak reached a financing deal to take it out of bankruptcy. it would allow them to borrow $793 million and sell its patent fort you'll to for $500 million. it needs bankruptcy approval. they filed for bankruptcy protection in january while struggling to compete with the digital photography industry. >>> this 56 year old grandmother is not someone to be messed with. what she fought off with her bare hands and an axe. >> they come from thousands of miles away and pay a lot to go to college. where they are coming from. and you live way up here. brian, your cousin, he's a little bit older than you, he lives here, in chicago. and your aunt lisa lives here, in baltimore. uncle earnie? waaay out in hawaii. but don't you worry, we will always be together for christmas. [ male anno
into negative growth. >> reporter: the total tax hike and spending cuts hit on california's economy alone would be some $$90 billion. reporting live, tom baker, ktvu. >>> on wall street today, trading was relatively flat. the dow fell .31. the nasdaq fell and the s & p 500-inched up a little less than a point. >> kodak reached a financing deal to take it out of bankruptcy. it would allow them to borrow $793 million and sell its patent fort you'll to for $500 million. it...
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Nov 9, 2012
11/12
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. >> reporter: the outlets are expected to give the economy a big boost. >> it's $200 million of tax revenue that goes into the coffers. >> reporter: the reason needed more retail. >> i think it's awesome. i don't have to go away to milpitas, i don't have to go away to vacaville, i can stay right here by home. >> reporter: mall managers are also looking to draw tourists in from san francisco hotels and this mall is already 100% leased. so a second site is scheduled to open in 2014. you can see the line of car headlines coming out of this parking lot and they're expect to have 200,000 people visit by the end of the weekend. >> walnut creek police are looking for two men who kidnapped a 57-year-old woman, stole her money and left her tied up in oakland. police say the woman was forced into her own car outside the shadeland's park office. they said the two men blindfolded and bound the woman then withdrew money using her atm card. the man left the victim tied up. >> looking into a number of feeds, security camera footage from a number of locations. >> reporter: police describe the syste
. >> reporter: the outlets are expected to give the economy a big boost. >> it's $200 million of tax revenue that goes into the coffers. >> reporter: the reason needed more retail. >> i think it's awesome. i don't have to go away to milpitas, i don't have to go away to vacaville, i can stay right here by home. >> reporter: mall managers are also looking to draw tourists in from san francisco hotels and this mall is already 100% leased. so a second site is scheduled...
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Nov 12, 2012
11/12
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KTVU
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investors are worrying about indicating information about china's economy which may be speeding up again. they have losses overnight and japan is down nearly 1%, and china and hong kong bust the trend and have some small gains on that report. checking in on our numbers, friday's close, up a little bit and we'll see what happens this week when we have some more economic reports as we get closer to the end of the year. apple and taiwan have agreed to sign a 10 year licensing agreement that will expand to each patent they hold. >>> all right, pam, time now 5:18 the chp is launching a new crackdown on drivers and how the focus is on drivers who are unking as they drive. >>> -- who are unking as they drive. >> >> and don't forget, you can get your wake-up call and information send straight to your phone. all you have to do is text 70123. Ñ . >>> welcome back, taking you back to italy, the city's high tide mark, they are at its highest and about 70% of venice is under water and in tuscan day any, 200 people have been evacuated. they have triggered land slides, destroyed vineyards and olive gr
investors are worrying about indicating information about china's economy which may be speeding up again. they have losses overnight and japan is down nearly 1%, and china and hong kong bust the trend and have some small gains on that report. checking in on our numbers, friday's close, up a little bit and we'll see what happens this week when we have some more economic reports as we get closer to the end of the year. apple and taiwan have agreed to sign a 10 year licensing agreement that will...
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Nov 15, 2012
11/12
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KTVU
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the improving economy, budget cut-backs, and new tax revenues from the passage of prop 30 all credited for california's improving financial situation. >>> also, the democrats super majority in the state senate and the assembly, well, it's now official. after two races, democrats now have a so-called super majority in both the state senate and the state assembly. that means democrats have a two-thirds majority, allowing them to -- the last time democrats had a super majority was 1883. >>> it is 7:21. rain, believe it or not heading our way. steve is watching the storm tracker. that's a beautiful sun right. he'll tell us when and where the clouds will soon be rolling in. >> a well-known zeppelin gets grounded. why this air ship, it just won't fly! >> northbound 280 traffic slow, but we have some big-time problems in the east bay when it comes to one of the major freeways. we'll update that and the rest of the commute coming up. .Ñ >>> the zeppelin is going to stay on the ground, it has fallen victim to a shortage of helium, and they need a long-term sponsor to stay up in the air. eureka
the improving economy, budget cut-backs, and new tax revenues from the passage of prop 30 all credited for california's improving financial situation. >>> also, the democrats super majority in the state senate and the assembly, well, it's now official. after two races, democrats now have a so-called super majority in both the state senate and the state assembly. that means democrats have a two-thirds majority, allowing them to -- the last time democrats had a super majority was 1883....
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Nov 12, 2012
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the board says that system will help drive california toward a clean energy economy. >>> 8:39. have you ever felt too sleep foy drive? well, the chp is launching a -- sleepy to drive? well, the chp is lawning a week- long investigation into this. >>> it was a great football game yesterday. 49ers and rams. it was a rare tie. how sunday's game at candlestick could have a big impact on the rest of the season. >>> and the huge toll on the community after a massive explosion in the midwest left two dead and 200 out of their home. [ female announcer ] martinelli's gold medal sparkling cider is the perfect choice for holiday gatherings. martinelli's is non-alcoholic, festive like champagne, and tastes great! martinelli's: since 1868. [ female announcer ] nature exists on the grandest scale... ♪ ...and in the tiniest details. ♪ and sometimes both. nature valley granola thins pack the big taste of granola and dark chocolate into one perfect square, under 100 calories. nature valley granola thins. nature at its most delicious. >>> u.s. stocks edging toward small losses as investigato
the board says that system will help drive california toward a clean energy economy. >>> 8:39. have you ever felt too sleep foy drive? well, the chp is launching a -- sleepy to drive? well, the chp is lawning a week- long investigation into this. >>> it was a great football game yesterday. 49ers and rams. it was a rare tie. how sunday's game at candlestick could have a big impact on the rest of the season. >>> and the huge toll on the community after a massive...
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Nov 14, 2012
11/12
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CSPAN
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a lot of benefit in doing that for the economy. i think this is a solvable problem and we want to do as much as we can to take advantage of this opportunity to make some progress on each of those fronts. >> one thing about which there does not appear to be agreement -- that is, should the bush tax cuts on over $250,000 be extended, or should they be raised? i heard jay carney say there is no way the president will agree to anything that extends the tax cuts on the upper two brackets. that sounds like a line in the sand. is it? >> it is important to start by acknowledging that we find this encouraging that you have seen republican leaders in the last couple days explicitly embrace the recognition and support for as part of the balance of fiscal reforms a package that raises revenues. that is very important. that is very encouraging. reckoning the basic reality of how you govern a country like this in the face of the challenges we face. that is good. you know the president's position -- very simple. let's expand middle-class tax cuts
a lot of benefit in doing that for the economy. i think this is a solvable problem and we want to do as much as we can to take advantage of this opportunity to make some progress on each of those fronts. >> one thing about which there does not appear to be agreement -- that is, should the bush tax cuts on over $250,000 be extended, or should they be raised? i heard jay carney say there is no way the president will agree to anything that extends the tax cuts on the upper two brackets. that...
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Nov 16, 2012
11/12
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>> my interest is in seeing the economy repaired. he has been great for me to serve the president in this capacity. it is a tremendous opportunity to use our training, to be in a position to provide objective device to the president, which is what he asked for. he told me to stay out of the politics and give him objective advice. >> the president has said he would like to protect the middle class. the middle class would be much lower than the 250,000 dollar number. -- 250,000 dollars number. why not get rid of the tax cuts for people with incomes of 100,000 because they are presumably middle-class. >> there are a lot of definitions of the middle class. one way of thinking about this issue is, we have had an opportunity gap in this country. that goes back more than one decade. people who were not born in fortunate circumstances have a greater challenge is moving upward in the american economy. that has taken place for a number of reasons related to technology and globalization. what i think is important about our proposals is that by
>> my interest is in seeing the economy repaired. he has been great for me to serve the president in this capacity. it is a tremendous opportunity to use our training, to be in a position to provide objective device to the president, which is what he asked for. he told me to stay out of the politics and give him objective advice. >> the president has said he would like to protect the middle class. the middle class would be much lower than the 250,000 dollar number. -- 250,000...
WHUT (Howard University Television)
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Nov 8, 2012
11/12
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WHUT
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it was the world's sixth largest economy. now it's the second largest. >> reporter: we asked nhk world's -- >> reporter: china has faced diplomatic and domestic challenges over the last decade under president hu jintao's leadership. >> reporter: hu promoted what he called the concept of scientific development. the policy aims to create a harr mounce society. the process required slower growth. the hu administration abolished a tax farmers had to pay based on the size of harvests. it was part of the president's effort to narrow the economic gap between urban and rural areas. hu also worked toward a sweeping consolidation of coal mines and chemical plants, which resulted in a reduction in pollution. but the president hasn't been able to control china's income disparity or corruption among its bureaucrats, and so, public anger with the government is simmering. migrant workers in cities and students looking for work are among those who are upset. >> translator: it's so difficult to find a job. >> reporter: hu also faced dissatisf
it was the world's sixth largest economy. now it's the second largest. >> reporter: we asked nhk world's -- >> reporter: china has faced diplomatic and domestic challenges over the last decade under president hu jintao's leadership. >> reporter: hu promoted what he called the concept of scientific development. the policy aims to create a harr mounce society. the process required slower growth. the hu administration abolished a tax farmers had to pay based on the size of...
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and the heightened urgency that we see among officials iran's economy is significantly in trouble its currency is constantly losing ground in the western sanctions that you have referred to are clearly taking their toll on iran what happens if iran economy is ruined i mean that is something that you know no one has spoken about that's an unknown how does that factor in to the current geo political situation those who. who hoped that iran's government can still be persuaded to freeze its nuclear program and obey the demands of the un security council and the p five plus one i think the only way they will do that is if they feel enough economic pain and as you mentioned the startling collapse of the currency even in the recent weeks and the drop by almost half in iran's crude oil exports and the real problems iran is having with its international linkages are financing exports and imports and so forth this is starting to have an impact and officials from israel to london to washington would prefer that this approach work and i think as we see signs that iran's economy is cracking furthe
and the heightened urgency that we see among officials iran's economy is significantly in trouble its currency is constantly losing ground in the western sanctions that you have referred to are clearly taking their toll on iran what happens if iran economy is ruined i mean that is something that you know no one has spoken about that's an unknown how does that factor in to the current geo political situation those who. who hoped that iran's government can still be persuaded to freeze its nuclear...
WHUT (Howard University Television)
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Nov 14, 2012
11/12
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WHUT
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the greek economy certainly looks to be in a terrible state. year on year they are showing a contraction of more than several states. >> question frazier, paris, thank you very much for the view across europe. plenty to come, including a total eclipse of the sun. how thousands reveled in a rare celestial tree. prosecutors in the united states have called for a death penalty for a long shot -- court martial in a case of a soldier killing 16 afghan villagers earlier this year, after going on a rampage. he is facing 16 counts of premeditated murder and six counts of attempted murder. >> it was a shocking incident, the death of 16 afghans, slaughtered before dawn in march. among the victims were nine children. the suspect, staff sergeant robert bayless, who had been previously injured while serving in iraq, he had been reluctant to go to afghanistan. it is alleged that he returned to his base after the first attack, heading out to the second village after finally returning, covered in blood. outrage strained relations between the afghan and u.s. au
the greek economy certainly looks to be in a terrible state. year on year they are showing a contraction of more than several states. >> question frazier, paris, thank you very much for the view across europe. plenty to come, including a total eclipse of the sun. how thousands reveled in a rare celestial tree. prosecutors in the united states have called for a death penalty for a long shot -- court martial in a case of a soldier killing 16 afghan villagers earlier this year, after going...
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Nov 9, 2012
11/12
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consumer that the economy is picking up. and consumers in the united states, the confidence level is up the highest level it has been in five years. >> we will stay for a look at the numbers in the dax. down by 0.6% on the final trading day of the week. across the atlantic on wall street coming the dow jones also flat. the euro trading at a value of $1 u.s. -- u.s. $1.2712. >> the first round of budget talks have failed to produce an agreement. european parliament is pushing for a 7% increase in spending and more money for a supplementary budget this year. germany, france, and britain want to limit increases to less than 3%. the negotiations will continue next week. >> more business news coming later in the show including economic and is from china and the once in a decade leadership change. the strongest european economy is beefing up their welfare state. parliament has approved a contentious new subsidy for stay at home parents. opposition parties have criticized this scheme as promoting outdated ideas about families in an
consumer that the economy is picking up. and consumers in the united states, the confidence level is up the highest level it has been in five years. >> we will stay for a look at the numbers in the dax. down by 0.6% on the final trading day of the week. across the atlantic on wall street coming the dow jones also flat. the euro trading at a value of $1 u.s. -- u.s. $1.2712. >> the first round of budget talks have failed to produce an agreement. european parliament is pushing for a...
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Nov 8, 2012
11/12
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WETA
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economy, economists worry that, as the global economy slows down, u.s. exports may follow suit. hurricane sandy showed up in the latest report on jobless claims, making them artificially low. initial claims for unemployment benefits dropped by 8,000 to a seasonally adjusted 355,000 at the end of last week. the number is expected to be revised higher as more data is collected. the labor department says one state filed fewer claims because of power outages, while the storm boosted claims in other states where more people looking for relief. later in the program, we'll look at sandy's impact on retailers. >> tom: the biggest bank in america has the okay now from uncle sam to pay back shareholders. jpmorgan will be allowed to restart a stock buyback plan early next year. like all systemically important banks jpmorgan has to get regulatory approval to change its dividend or stock-repurchase plan. the regulators want banks toncnl firepower to withstand troubled times before the banks will spend money on share holders. jpmorgan's buyback strategy was suspended this year after it lost $
economy, economists worry that, as the global economy slows down, u.s. exports may follow suit. hurricane sandy showed up in the latest report on jobless claims, making them artificially low. initial claims for unemployment benefits dropped by 8,000 to a seasonally adjusted 355,000 at the end of last week. the number is expected to be revised higher as more data is collected. the labor department says one state filed fewer claims because of power outages, while the storm boosted claims in other...
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Nov 13, 2012
11/12
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showed exports growing 11.6% was a boost there suggesting a turnaround there for the second biggest economy of the world. i'll see how it affects the nikkei today. there's also signs of growth in the u.s. as well. and if leaders there should avoid a fiscal cliff, though we could be getting positive sentiment into the year end. that's a very big focus for financial markets globally as well. domestic issues here in focus. a spat with the political infighting creating a fiscal cliff in japan as well. but investors may get a bit of a breather. party leaders look like they might reach an agreement to allow the government to issue debt covering bonds. and that'll help towards their budget. gdp data on monday in japan showed japan's output shrank 0.9% as well. we'll keep track of that. let's go to the yen. a big issue of course here in japan. 79.47-62. not that much change, but the yen remaining relatively strong. euro/yen 101.14-18. sentiment in the u.s., china. as well as a possible deficit financing bill here in japan, there's still the key matter of earnings. we're not through yet. we're going
showed exports growing 11.6% was a boost there suggesting a turnaround there for the second biggest economy of the world. i'll see how it affects the nikkei today. there's also signs of growth in the u.s. as well. and if leaders there should avoid a fiscal cliff, though we could be getting positive sentiment into the year end. that's a very big focus for financial markets globally as well. domestic issues here in focus. a spat with the political infighting creating a fiscal cliff in japan as...
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Nov 10, 2012
11/12
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FBC
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this economy is awfully weak. imposing taxes to not be reduced at a time like this -- that's just not good. gerri: son's he took office, it has gone up trillions of dollars. what's the best way to get this done? you don't like raising taxes, but how do you go about the most expected way to get more money into the federal government. i hate to even say that, it sounds like a horrible thing. but if the economy were to go, how do we deal with this? >> in the last year before the crisis, the budget was only 161 billion. now it's over a trillion dollars. only half of that can be justified more and more. the rest of it is additional benefits and programs and so forth that mr.bama, and before him, speaker nancy pelosi insisted on. why don't we roll back pull back to the level of real spending adjusted for inflation that we had when president bush took office. this is obama's deficit. it's not bush's deficit. 161 billion, we had all the tax cuts in place. thankfully, we have the prescription drug coverage. gerri: is that
this economy is awfully weak. imposing taxes to not be reduced at a time like this -- that's just not good. gerri: son's he took office, it has gone up trillions of dollars. what's the best way to get this done? you don't like raising taxes, but how do you go about the most expected way to get more money into the federal government. i hate to even say that, it sounds like a horrible thing. but if the economy were to go, how do we deal with this? >> in the last year before the crisis, the...
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is worrying that the chinese economy will overtake it in size in a few years well actually it's been slowing down so basically to prevent that from coming into a really hard landing the new government needs to undergo a lot of reforms so we're talking about that in a couple of minutes of business. in japan the average height for men is one hundred eighty two centimeters ten centimeters shorter because of that some employers refused to hire me one of them even told me directly that i was too short to deal with the client's computers already spent three months in this hospital and plans to stay for another four to add the coveted seven santa majors to his stature invented by the famed soviet orthopedic is good for you is there a from the nineteen fifties these frames were initially used to treat fractures in deformities by cutting bones and slowly pulling them up or therefore stimulating tissue regeneration it was out of was able to receive arms and legs and people who thought they were crippled for life be sent to the other patients shattered bones and in many cases their shattered li
is worrying that the chinese economy will overtake it in size in a few years well actually it's been slowing down so basically to prevent that from coming into a really hard landing the new government needs to undergo a lot of reforms so we're talking about that in a couple of minutes of business. in japan the average height for men is one hundred eighty two centimeters ten centimeters shorter because of that some employers refused to hire me one of them even told me directly that i was too...
WHUT (Howard University Television)
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Nov 14, 2012
11/12
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that was largely due to weak lending as the domestic economy remained sluggish. the largest japanese banking group by market value mitsubishi u.s.a. financial group posted a net income of about $3.6 billion in the april to september period. that's nearly 60% down in yen terms from a year earlier. one of the reasons for the decline was the losses from sale of stock holdings. mizuho financial group reported a 28% decline in net income. it was at $2.3 billion. the group says the decline is due to the drop in the value of stocks held. meanwhile, the financial group had a net income game at $4.1 billion. the good results were due to a contribution to earnings from the complete buyout of a consumer finance firm. >>> toyota motors says it will recall over 1.5 million cars in japan as there are separate defects in the steering wheel and hybrid fuel system. it will be the automaker's largest ever recall in the country. toyota says a design error for a shaft part was found in nine models including prius and wish made between august 2000 and last december. the car maker say
that was largely due to weak lending as the domestic economy remained sluggish. the largest japanese banking group by market value mitsubishi u.s.a. financial group posted a net income of about $3.6 billion in the april to september period. that's nearly 60% down in yen terms from a year earlier. one of the reasons for the decline was the losses from sale of stock holdings. mizuho financial group reported a 28% decline in net income. it was at $2.3 billion. the group says the decline is due to...
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Nov 8, 2012
11/12
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KQED
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to maintain the economy is the question. the question is will the passion prevent people from coming together in washington. how divided will the united states remained dampene? >> that is the challenge for all those people to make america a more governable country. that brings the program to a close. we will have updates on our website. thanks for watching. we will see you back here tomorrow night. >> make sense of international news at bbc.com/news. >> funding for this presentation is made possible by the freeman foundation of new york, stowe, vermont, and honolulu. newman's own foundation. and union bank. relationship managers use their guide you through the business strategies and opportunities of international commerce. we put our extended global network to work for a wide range of companies, from small businesses to majorwhat can we do for you? do for you? - get ready to blast off, neighbour. today we're going to play outer space at our friend miss elaina's house. and then we're going to play at prince wednesday's roya
to maintain the economy is the question. the question is will the passion prevent people from coming together in washington. how divided will the united states remained dampene? >> that is the challenge for all those people to make america a more governable country. that brings the program to a close. we will have updates on our website. thanks for watching. we will see you back here tomorrow night. >> make sense of international news at bbc.com/news. >> funding for this...
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Nov 16, 2012
11/12
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FBC
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going to do something bad to the economy, not for just closing loopholes. that takes money out of the productive sector to sector, since it to washington, and that is a mistake. i am not for just closing loopholes, but i would close loopholes if you lower overall rates which would stimulate the economy. neil: quickly, how did you make it -- what did you make of mitt romney's remarks to bankers that what hurt him was all the freebie's the president was giving out to his base and that that made the difference. >> i think we, as republicans everyone to grill the party, have to somehow develop some empathy for those who have been on government assistance and know that they don't all want to stay there. for example, i think there are many good people who have had to take unemployment insurance from other two but would like to work i don't think everybody on government assistance is a bad person. we need to figure out how to convce them to, though, that their life would be better if they vote for policies that help them get a real job and in the middle class. nei
going to do something bad to the economy, not for just closing loopholes. that takes money out of the productive sector to sector, since it to washington, and that is a mistake. i am not for just closing loopholes, but i would close loopholes if you lower overall rates which would stimulate the economy. neil: quickly, how did you make it -- what did you make of mitt romney's remarks to bankers that what hurt him was all the freebie's the president was giving out to his base and that that made...
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Nov 11, 2012
11/12
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FBC
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. >> why do they see a sour economy? >> government is growing bigger and stephan, about 24%, study after study has shown, as government takes over a bigger percentage of gdp, it surely will, faster than perceived or forecast at gdp growth, it crowd out private investor and growth period in the economy, slower growth means fewer jobs, that's why you see the list we had at the beginning and why the list ll grow longer as the weeks unfold. >> okay, tobin, the next four years, bigge government, what's it mean for the unemployment rate? >> well, brenda, you ow, that if bigger government meant for more employment, california and france would have the most vital economies in the world. i've been in a lot of different parts of the country speaking with small business people and you know, my conference of course, drew millions. the exciting one that they couldn't get to get to. (laughter) the lecture how to keep your company below 49 employees and avoid obamacare, and i listened to the guy talk and the number one conclusion, hire
. >> why do they see a sour economy? >> government is growing bigger and stephan, about 24%, study after study has shown, as government takes over a bigger percentage of gdp, it surely will, faster than perceived or forecast at gdp growth, it crowd out private investor and growth period in the economy, slower growth means fewer jobs, that's why you see the list we had at the beginning and why the list ll grow longer as the weeks unfold. >> okay, tobin, the next four years,...
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Nov 15, 2012
11/12
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KCSMMHZ
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in the netherlands, the economy contracted in the third quarter. one reason is more and more consumers are cutting back on their spending, fearing tough times ahead. another reason is that businesses are also scaling back. manufacturers also anticipate weaker demand from struggling eurozone partners. >> news of the recession did not pull down the market drastically. our correspondence sent us this report from the frankfurt stock exchange. >> of course it is bad news that the economy and the eurozone slipped into recession, but still, traders managed to find a few positive aspects in the reports. in italy, the contraction was much smaller than what economists had anticipated. france against the odds managed to produce positive gross domestic product. this means, for germany, the possibility remains intact that our economy during the current quarter remains in positive territory as well. the biggest-loser shares this thursday were shares of lufthansa. the negotiated pay increase for the cabin crew threatens the cost-cutting targets of the airline, so
in the netherlands, the economy contracted in the third quarter. one reason is more and more consumers are cutting back on their spending, fearing tough times ahead. another reason is that businesses are also scaling back. manufacturers also anticipate weaker demand from struggling eurozone partners. >> news of the recession did not pull down the market drastically. our correspondence sent us this report from the frankfurt stock exchange. >> of course it is bad news that the economy...
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Nov 10, 2012
11/12
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CNNW
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standing in his way, an unnecessary fiscal disaster, the struggling labor market, a global economy that's slowing and the uncertain future of our children and grandchildren. dear mr. president, when it comes to this country's financial future, you've got four years and 4 major tasks. first, the fiscal cliff. there's no time to waste. on january 1, taxes rise and government spending is cut, sending not just us but potentially the world back into a recession. next on the list, jobs. hiring is picking up, but we must do better. the middle class has been hit hard. its wealth fell 28% in the last decade. why? >> changes that were taking place in china. >> some emerging markets like china. >> china needs the united states. >> mostly by keeping its currency low, china can sell products for less than they're worth, making it hard for american companies to compete. that means fewer jobs and lower wages here in the u.s. we need a smart trade policy that protects american workers without hurting american businesses. america needs a 21st century workforce. that comes through education. to keep our pl
standing in his way, an unnecessary fiscal disaster, the struggling labor market, a global economy that's slowing and the uncertain future of our children and grandchildren. dear mr. president, when it comes to this country's financial future, you've got four years and 4 major tasks. first, the fiscal cliff. there's no time to waste. on january 1, taxes rise and government spending is cut, sending not just us but potentially the world back into a recession. next on the list, jobs. hiring is...
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find out what's really happening to the global economy cause a report on r.g.p. . would be soon which brightened if you knew about sun from feinstein. who finds time time t.v. . when i was on your bush show in this show we trace the wars obama faces in the next four years coming up an exclusive interview with a rock a leg obama. war with iran has already started and your textbook guide how not to invade a foreign country. as a bomb of draws but to the white house for a second wales the president for a tough interview on his foreign policy but he chose an easier ride from the mainstream media so we'll use a little bit. you promised change we can believe did tell us about your achievements. i've sent troops to afghanistan. record numbers of army suicides and defections. doctors say they've never seen such horrific injuries from improvised explosive devices i think that's unbelievable. you won the nobel peace prize that puts you in superstar company that's right kissinger one while he was secretly shelling gamba this year's winner the european union illegally bombed l
find out what's really happening to the global economy cause a report on r.g.p. . would be soon which brightened if you knew about sun from feinstein. who finds time time t.v. . when i was on your bush show in this show we trace the wars obama faces in the next four years coming up an exclusive interview with a rock a leg obama. war with iran has already started and your textbook guide how not to invade a foreign country. as a bomb of draws but to the white house for a second wales the...
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Nov 15, 2012
11/12
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WETA
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economy and housing market. james schrager is a management professor at the university of chicago's booth school. he says the expansions here could also underscore chrysler and fiat c.e.o. sergio marchionne's pessimism about europe. >> in the u.s., he is implementing well, making good cars with designs people want to buy, but when the market it is here, you spend your capital dollars here. >> reporter: fiat bought a stake in chrysler after it emerged from bankruptcy three years ago. since then, it's invested nearly $5 billion in u.s. plants and added 6,000 workers. >> and chrysler has been the cac auto industry. it's been ringing up month after month in both cars and trucks. >> it's interesting there is ad. are people interested in buying trucks like the dodge rams you are standing next to given the price of gas these days. >> that took a hit during there. a lot of builders that buy trucks stopped by them. we are seeing the housing march coat tur -- market turn around. we saw the dodge pick up sales up 20%. that
economy and housing market. james schrager is a management professor at the university of chicago's booth school. he says the expansions here could also underscore chrysler and fiat c.e.o. sergio marchionne's pessimism about europe. >> in the u.s., he is implementing well, making good cars with designs people want to buy, but when the market it is here, you spend your capital dollars here. >> reporter: fiat bought a stake in chrysler after it emerged from bankruptcy three years ago....
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find out what's really happening to the global economy. there are no holds barred look at the global financial headlines two kinds a report. looks well to the. slaves technology innovation all the latest developments from around russia we've. covered. but. just. this.
find out what's really happening to the global economy. there are no holds barred look at the global financial headlines two kinds a report. looks well to the. slaves technology innovation all the latest developments from around russia we've. covered. but. just. this.
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economy will for the global economy looks like the u.s. are going to benefit very much from this shale and gas development absolutely and so of course benefiting all of ready but not everybody is going to benefit in fact we talked to richard jones from the international energy agency the author of this report and he said that some of the shelf gas projects may be put on hold because the development of shale gas makes them good on the clean and viable let's listen to what he had said. i don't know that that will be the area that will be exploited first especially if the technologies that are being developed to exploit the light type oil resources in the united states are continue to be successful and start to spread to other countries that may be a cheaper alternative that may delay the exploitation of the arctic resources. but you know if people can can exploit a resource economically i think they will look at their investment opportunities and see where it stacks up and i wouldn't i wouldn't be at all surprised if we don't see some invest
economy will for the global economy looks like the u.s. are going to benefit very much from this shale and gas development absolutely and so of course benefiting all of ready but not everybody is going to benefit in fact we talked to richard jones from the international energy agency the author of this report and he said that some of the shelf gas projects may be put on hold because the development of shale gas makes them good on the clean and viable let's listen to what he had said. i don't...
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Nov 12, 2012
11/12
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those gdp numbers are neglect foifr the japanese economy. back to you. >> thanks for that. >>> a quick look at what's on our global economic calendar for this week. on monday euro zone finance ministers get together in brussels to discuss whether to go ahead and provide greece with another loan out of the bailout package. on tuesday a finance ministers meeting is expected to get under way. on wednesday major japanese banks and other financial institutions will aannounce their first half earnings. the business results will come out amid speculation those institutions did well between april and september. u.s. retail sales for october will be out on the same day. sales have been growing for three months through september when they went up 1.1% from the previous month. financial watchers are watching closely to see if retail sales will maintain the uptrend. initial euro zone gdp will be released. it shrank .2% between april and june from the previous three months because of austerity measures taken by debt-ridden countries in the zone cut into
those gdp numbers are neglect foifr the japanese economy. back to you. >> thanks for that. >>> a quick look at what's on our global economic calendar for this week. on monday euro zone finance ministers get together in brussels to discuss whether to go ahead and provide greece with another loan out of the bailout package. on tuesday a finance ministers meeting is expected to get under way. on wednesday major japanese banks and other financial institutions will aannounce their...
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Nov 8, 2012
11/12
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CNBC
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it is investment led economy. export sectors are suffering because they represent the largest number of jobs really in the economy. and labor and jobs really for china is very important and very key. so that we will see policies addressing the unemployment issue. and certainly in europe, policies do need to ensure that the unemployment figure has come down. it probably won't be in the next year or so, but certainly in the medium for longer term, we need to make sure that the labor issue is addressed both sides of the atlantic. >> no one has patience for anything that takes more than a couple of days at this point it would seem. thank you very much for joining us this morning. >>> with some corporate news, profit at china's top pc maker grew at its slowest pace this more than two years in the second quarter. gentlemen, lenovo netted higher than roit estimates. shares were done ahead of the earnings release and you can see down about 2.7%. and fresh data from japan suggests the world's third biggest economy is inchi
it is investment led economy. export sectors are suffering because they represent the largest number of jobs really in the economy. and labor and jobs really for china is very important and very key. so that we will see policies addressing the unemployment issue. and certainly in europe, policies do need to ensure that the unemployment figure has come down. it probably won't be in the next year or so, but certainly in the medium for longer term, we need to make sure that the labor issue is...
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Nov 11, 2012
11/12
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CSPAN2
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refi china and india and other emerging economies would sign nine so to reduce emissions i don't take a position nine whether man-made emissions cause global warming and i it china and india to make up 37% of the population not doing so. and the first chapter the book i talk about geo engineering solutions win to think we could reduce global temperatures by just came roofs white to reflect the race. what we're doing with a 12 billion-dollar hours it is pushing people into cars they do not want to buy raising your much as a cost we are getting rid of incandescent light bulbs and disproportionately those zero least able to afford it the lowest fifth of and come distribution spend 24 percent of income on electricity natural-gas and gasoline. that's right. spending on energy and compared to an average of 7%. it it is just strange well-intentioned people who purport to represent advocates policies that will do them harm rather than a good british edition to hurricane the uproar industrial policies to promote solar and wind undesirable to create opportunities for political influence on to b
refi china and india and other emerging economies would sign nine so to reduce emissions i don't take a position nine whether man-made emissions cause global warming and i it china and india to make up 37% of the population not doing so. and the first chapter the book i talk about geo engineering solutions win to think we could reduce global temperatures by just came roofs white to reflect the race. what we're doing with a 12 billion-dollar hours it is pushing people into cars they do not want...
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Nov 14, 2012
11/12
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FBC
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this will stall the economy? >> one-sided approach would be if we were only looking at revenue side. but it is not. it is a balanced approach. melissa: so what are you putting on the table? what is balanced approach? put one thing on the table? one thing that you're willing to cut spending on? >> they have cut spending by eliminating 400,000 jobs in education. they put their jobs on the line. they lost their homes. the middle class has paid. the problem is, there is no balance and there has been nothing on the revenue side. it ought to be balanced approach between cuts and revenue. now they're talking about the revenue side. a year ago they were talking only cuts. melissa: i agree needs to be balanced approach and revenue and you're not putting any cuts on the table whatsoever. you're only talking about soaking the other side for revenue. that's why we're in the position for the other side. nobody is willing to compromise. thanks for coming on the show, i appreciate it. >> you bet, thank you. melissa: all right s
this will stall the economy? >> one-sided approach would be if we were only looking at revenue side. but it is not. it is a balanced approach. melissa: so what are you putting on the table? what is balanced approach? put one thing on the table? one thing that you're willing to cut spending on? >> they have cut spending by eliminating 400,000 jobs in education. they put their jobs on the line. they lost their homes. the middle class has paid. the problem is, there is no balance and...
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Nov 8, 2012
11/12
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economy back into recession. house of representatives speaker john boehner said republicans are ready to work with the president on tax reform. many republicans want to keep tax cuts for the wealthy, but democrats are opposed. >> mr. president, the republican majority in the house stands ready to work with you to do what's best for our country. we're willing to accept new revenue under the right conditions. >> boehner said obama obama must reduce spending and overhaul entitlement programs. republicans then would be willing to back programs aimed at raising federal revenues. >>> pakistan remains one of the biggest foreign policy headaches for re-elected president obama. his second term will oversee the withdrawal of u.s. combat troops from afghanistan, scheduled to be complete by the end of 2014. nhk world's hideki yui outlines the challenges those two countries pose for obama's next term. >> reporter: afghanistan and pakistan are two nations affected by the u.s. fight against terrorism. both expect the obama admi
economy back into recession. house of representatives speaker john boehner said republicans are ready to work with the president on tax reform. many republicans want to keep tax cuts for the wealthy, but democrats are opposed. >> mr. president, the republican majority in the house stands ready to work with you to do what's best for our country. we're willing to accept new revenue under the right conditions. >> boehner said obama obama must reduce spending and overhaul entitlement...
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Nov 12, 2012
11/12
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KCSMMHZ
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at the press conference, she sang in the praise of the prime minister's efforts to reform the economy. >> i think the prospects have a markedly improved as a result of the reform program and the government's bold actions. >> many in portugal have lost faith in european leaders. antagonism towards the heads of the german and portuguese governments has reached new heights. >> the way they treat us is a joke. he is no more than merkel's puppet and what they're doing is just wrong. the sacrifices we are being asked to make our a reasonable. "she is just one of many voices calling on them to live within their means but many face an uncertain future with increasing poverty levels and they are determined to resist any more economic pain. >> as we just saw, the portuguese austerity measures are not very popular. we asked our correspondence much and she had today to convince the portuguese of the need for continued austerity. >> she said she is here to see firsthand how the process is going on. her colleague told her about the process and of course she was already a winner of the statistics sh
at the press conference, she sang in the praise of the prime minister's efforts to reform the economy. >> i think the prospects have a markedly improved as a result of the reform program and the government's bold actions. >> many in portugal have lost faith in european leaders. antagonism towards the heads of the german and portuguese governments has reached new heights. >> the way they treat us is a joke. he is no more than merkel's puppet and what they're doing is just...
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as the number one economy by the end of twenty six days. spain has found yet another way to try a brief fillets budget because she plans to sell around one hundred prime state properties by twenty six days to say this could bring the country almost three believe euros in total. and speaking about state property russia's consulting group hill has valued the most recognizable of real estate in several capitals according to the firm's estimates the kremlin is a real bargain in comparison with other european loudmouths it was valued at only fifteen billion dollars meanwhile the tower of london got the price tag of almost twice small than the symbol of the russian government's however ninety billion dollars is still not a great deal of comparison with other relics one of the greatest works of roman architecture and engineering the coliseum was valued at one hundred ten billion and the eiffel tower hit the top of the right with an estimated cost of an enormous five hundred and fifty billion dollars that's almost equal to the market cap of the wor
as the number one economy by the end of twenty six days. spain has found yet another way to try a brief fillets budget because she plans to sell around one hundred prime state properties by twenty six days to say this could bring the country almost three believe euros in total. and speaking about state property russia's consulting group hill has valued the most recognizable of real estate in several capitals according to the firm's estimates the kremlin is a real bargain in comparison with...
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Nov 11, 2012
11/12
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this is not make the economy better. does the tax increase go up? ?hat about the sequestered ta how is delighted to see an interview with direct quotes from mitch mcconnell appeared he said we're not raising taxes to avoid the sequester appeared out rather have the savings over a decade -- from mitch mcconnell. he said we're not raising taxes to avoid sequester. i would rather have the savings over a decade. i am not -- i would rather have the sequester them lose the savings. i would rather have a different ly structured sequester. we're not giving up savings. we either had the sequester or reconstruction it differently. ,hat i think you're going to do at the one thing he could have a compromise on, maybe the only thing you have a real compromise like theoneis republicans savings for the sequestered but they do not want to come out. the democrats theoretically would like the sequesters savings but they do not want to have domestic discretionary. they would both like to in the sequestered but republicans will not do it in a way that allows spending to
this is not make the economy better. does the tax increase go up? ?hat about the sequestered ta how is delighted to see an interview with direct quotes from mitch mcconnell appeared he said we're not raising taxes to avoid the sequester appeared out rather have the savings over a decade -- from mitch mcconnell. he said we're not raising taxes to avoid sequester. i would rather have the savings over a decade. i am not -- i would rather have the sequester them lose the savings. i would rather...
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Nov 11, 2012
11/12
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CSPAN
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he raised taxes and hurt the economy. he lost the next election. i did not have to send a press release saying did you notice the president would not raise taxes and he did, people notice that. it ain't a secret. in utah they ran across the city government that raised taxes. tax increases are like certain social diseases. they stay with you forever. you cannot run for congress or senate having raised taxes. i would really encouraging people to be made and -- to behave and politicians to also be a and not pick up and s t d, tax transmits a political error that will haunt you in the future even when you have reform and are better. >> thank you very much for being here. >> we are back with an russell berman steven sloan after talking with grover norquist. the author of the pledge that many know as the anti-tax pledge, we just heard a recipe from mr. norquist for a stalemate that is coming up. they are all putting their markers down. what are you hearing about what is going to happen over the next couple of weeks? >> it seems like there is a little bit
he raised taxes and hurt the economy. he lost the next election. i did not have to send a press release saying did you notice the president would not raise taxes and he did, people notice that. it ain't a secret. in utah they ran across the city government that raised taxes. tax increases are like certain social diseases. they stay with you forever. you cannot run for congress or senate having raised taxes. i would really encouraging people to be made and -- to behave and politicians to also be...
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which proved to be crippling for the iranian economy the goal is not to change the iranian government's decision making it's actually leverage ordinary civilians against the iranian government and to threaten to topple the government by inciting you know food riots or you know people who are on happy because they can you know their grandparents are dying and can't get medicine and on friday despite president obama's claims the u.s. should move away from the cold war thinking in relations with russia the white house launched its first permanent military presence on polish soil the issue has been a constant sword in the side of relations between moscow and washington as the u.s. also plans to install miss. interceptors in poland but the president in every other democrat that i'm aware of is also made it clear that if it needs russia is still out it will be opposed to it still sees it as as a threat we're just going to have to go ahead with anyway the president's actions so far have shown while he may be talking soft he's acting tough looking at sounds president obama's first moves after r
which proved to be crippling for the iranian economy the goal is not to change the iranian government's decision making it's actually leverage ordinary civilians against the iranian government and to threaten to topple the government by inciting you know food riots or you know people who are on happy because they can you know their grandparents are dying and can't get medicine and on friday despite president obama's claims the u.s. should move away from the cold war thinking in relations with...
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chinese economy. necessarily you know. the list and you're not it's. not. going to be. the united states. we'll leave it there for the moment no doubt the production team will get back to see if we can get a slightly better sounding but in the meantime thank you very much for your thoughts on this christopher lehman joining us live there from denmark. i spoke to him a little he's the author of. oil wars he says the new chinese leadership will have some serious challenges ahead. the easy years of the chinese economic miracle are behind them and what i've seen in my recent visits to try and over the last three or four years is a great sense of question. about western especially american economic model. is for going forward in china now the corruption that's a huge issue is population this is a pervasive sense among young people that the party leadership is not. in touch with aspirations of the younger generation or the people generally and this is a question of the very legitimacy of the party and that i think if we challenge that they're going to have to address you're g
chinese economy. necessarily you know. the list and you're not it's. not. going to be. the united states. we'll leave it there for the moment no doubt the production team will get back to see if we can get a slightly better sounding but in the meantime thank you very much for your thoughts on this christopher lehman joining us live there from denmark. i spoke to him a little he's the author of. oil wars he says the new chinese leadership will have some serious challenges ahead. the easy years...